Question
You have the following information for Blue Bell Farms. The tax rate is 34 percent. Cash $124 Net Fixed assets 2498 Accrued Expenses 135 Inventory
You have the following information for Blue Bell Farms. The tax rate is 34 percent.
Cash $124
Net Fixed assets 2498
Accrued Expenses 135
Inventory 1027
Long-term debt 1876
Sales 3850
Costs 2220
Accounts Payable 486
Depreciation 321
Interest paid 136
Accounts receivable 518
Dividends paid 281
What is the times interest ratio?
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Cornerstones of Managerial Accounting
Authors: Mowen, Hansen, Heitger
3rd Edition
324660138, 978-0324660135
